Freeport-McMoRan Inc. (FCX) Debt to Equity Ratio: 0.61
Is Freeport-McMoRan Inc.’s debt to equity ratio high or low?
Freeport-McMoRan Inc.'s debt to equity ratio of 0.61 is 12% below its 5-year average of 0.69, near the low end of its 5-year range (0.55–0.98).
The debt to equity ratio for Freeport-McMoRan Inc. (FCX) is 0.61 as of Wednesday, June 10, 2026. It is above its 12-month average by 5.17% (0.58).
FCX Debt to Equity Ratio Chart
FCX Average Debt to Equity Ratio Chart
FCX Current vs Average Debt to Equity Ratio Chart
FCX Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.61
DEBT TO EQUITY RATIO AVG TTM
0.58
DEBT TO EQUITY RATIO AVG 3Y
0.62
DEBT TO EQUITY RATIO AVG 5Y
0.69
DEBT TO EQUITY RATIO AVG 10Y
1.21
DEBT TO EQUITY RATIO AVG 15Y
1.01
DEBT TO EQUITY RATIO AVG 20Y
0.94
CURRENT VS TTM AVG
+5.17%
CURRENT VS 3Y AVG
-1.21%
CURRENT VS 5Y AVG
-11.81%
CURRENT VS 10Y AVG
-49.51%
CURRENT VS 15Y AVG
-39.49%
CURRENT VS 20Y AVG
-35.07%
FCX Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | — | 0.61 | 0.58 | 0.62 | 0.69 |
| Newmont Corporation (NEM) | $99.04B | 0.17 | 0.23 | 0.28 | 0.28 |
| The Sherwin-Williams Company (SHW) | $74.96B | 3.16 | 3.05 | 3.33 | 3.47 |
| Ecolab Inc. (ECL) | $72.33B | 0.97 | 0.96 | 1.06 | 1.11 |
| Air Products and Chemicals, Inc. (APD) | $61.57B | 1.23 | 1.05 | 0.88 | 0.80 |
| Nucor Corporation (NUE) | $57.05B | 0.34 | 0.34 | 0.34 | 0.38 |
| Vulcan Materials Company (VMC) | $35.38B | 0.63 | 0.68 | 0.65 | 0.65 |
| DuPont de Nemours, Inc. (DD) | $18.47B | 0.23 | 0.27 | 0.29 | 0.33 |
| Alcoa Corporation (AA) | $17.30B | 0.45 | 0.50 | 0.46 | 0.50 |
| United States Steel Corporation (X) | $12.42B | 0.37 | 0.38 | 0.40 | 0.65 |
Financial Health
Debt/Equity
0.61
Current Ratio
2.29
Freeport-McMoRan Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Freeport-McMoRan Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The debt to equity ratio for FCX stock is 0.61.
- Is Freeport-McMoRan Inc.'s debt to equity ratio high or low?
- Freeport-McMoRan Inc.'s debt to equity ratio of 0.61 is 12% below its 5-year average of 0.69, near the low end of its 5-year range (0.55–0.98).
- What is the TTM average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The TTM average debt to equity ratio for FCX stock is 0.58.
- What is the 3Y average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The 3Y average debt to equity ratio for FCX stock is 0.62.
- What is the 5Y average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The 5Y average debt to equity ratio for FCX stock is 0.69.
- What is the 10Y average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The 10Y average debt to equity ratio for FCX stock is 1.21.
- What is the 15Y average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The 15Y average debt to equity ratio for FCX stock is 1.01.
- What is the 20Y average debt to equity ratio for Freeport-McMoRan Inc. (FCX)?
- The 20Y average debt to equity ratio for FCX stock is 0.94.
Freeport-McMoRan Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.61 |
| 2024-12-31 | 0.55 |
| 2023-12-31 | 0.61 |
| 2022-12-31 | 0.70 |
| 2021-12-31 | 0.70 |
| 2020-12-31 | 0.98 |
| 2019-12-31 | 1.08 |
| 2018-12-31 | 1.16 |
| 2017-12-31 | 1.64 |
| 2016-12-31 | 2.65 |
| 2015-12-31 | 2.61 |
| 2014-12-31 | 1.04 |
| 2013-12-31 | 0.99 |
| 2012-12-31 | 0.20 |
| 2011-12-31 | 0.23 |
| 2010-12-31 | 0.38 |
| 2009-12-31 | 0.94 |
| 2008-12-31 | 1.30 |
| 2007-12-31 | 0.40 |
| 2006-12-31 | 0.28 |
| 2005-12-31 | 0.68 |
| 2004-12-31 | 1.68 |
| 2003-12-31 | 2.87 |
| 2002-12-31 | 7.64 |
| 2001-12-31 | 22.39 |
| 2000-12-31 | 4.27 |
| 1999-12-31 | 3.14 |
| 1998-12-31 | 4.07 |
| 1997-12-31 | 3.07 |
| 1996-12-31 | 1.33 |
Related Metrics
About Freeport-McMoRan Inc.
Freeport-McMoRan Inc. is a prominent mining enterprise conducting extensive operations across North America, South America, and Indonesia. The company primarily focuses on the exploration and extraction of key mineral resources such as copper, gold, molybdenum, and silver, alongside other valuable metals. Additionally, it maintains a significant presence in the oil and gas sector. Its diverse portfolio of assets features the notable Grasberg minerals district in Indonesia; numerous sites in the United States including Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado. In South America, its holdings include Cerro Verde in Peru and El Abra in Chile. Beyond its mineral interests, Freeport-McMoRan operates a collection of oil and gas properties, predominantly situated off the coasts of California and in the Gulf of Mexico, managing approximately 135 wells as of December 31, 2021. Founded in 1987 and headquartered in Phoenix, Arizona, the company adopted its current name, Freeport-McMoRan Inc., in July 2014, having previously operated as Freeport-McMoRan Copper & Gold Inc.
- Sector
- Basic Materials
- Industry
- Copper
- CEO
- Kathleen Lynne Quirk